Hengyi buys African crude ahead of Brunei refinery start-up
4/30/2019 10:48:05 AM
China’s Hengyi Industries International Pte Ltd has bought west African crude to prepare for trial runs at its new refinery in Brunei, several trade sources said.
The company has purchased 1 million barrels of Zafiro crude to be loaded from Equatorial Guinea in May and arrive at Brunei in June, they said.
The 175,000-barrels-per-day refinery is scheduled to start trial runs in the second quarter.
The company could not be immediately reached for comment (Reporting by Florence Tan; editing by Christian Schmollinger)
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